410 Dauphine StNew Orleans, LA 70112

Property Details for 410 Dauphine St

Year built

1850

Lot size

0.08 AC

Property size (Sq ft)

3,024 SF

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

206103419

APU

206103419

Description

This exceptional mixed-use property at 410 Dauphine Street in New Orleans, LA 70112, offers a unique opportunity in the heart of the French Quarter. The building, zoned VCC-2, comprises two structures encompassing 4,337 total square feet, including five residential units and the available 792 square feet of commercial space. This ground floor space is currently vacant and available for lease as-is. The property boasts a charming courtyard and enjoys a prime location just one block from Bourbon Street and directly across from the Dauphine Orleans Hotel. Tenants will benefit from the high foot traffic and proximity to major attractions such as Armstrong Park, the Mahalia Jackson Theatre, and Jackson Square. The landlord is open to negotiating tenant improvement allowances (TIA) and rent-free periods, contingent upon lease terms and tenant qualifications. This presents a rare chance to establish a business within the vibrant and historic French Quarter. The property is a multi-tenant building.

• CAP approach

  CAP return

  Valuation

  6%

  $594,643

  6.5%

  $548,901

  7%

  $509,694

• Comparable approach

  Method

  Valuation

  Relative Method

  $357,544

  Geo Method

  $333,213

• Alternative Use

  Use

  Valuation

  Residential

  $548,901

  Hospitality

  $502,790

  Educational

  $418,316

  Medical

  $432,702

  Retail

  $650,713

Location Insight

City

New Orleans

County

Orleans

State

Louisiana

Latitude

29.9569

Longitude

-90.0683

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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